it's a threat to our entire economy. >> you talk about the next big bubble bursting? >> it's huge. huge. >> student debt will be a crisis. >> i have another question and maybe for my own kind of personal experience. when i turned 21 and got my first job my mother drilled in to me pay yourself first. she made me ready "the wealthy barber." >> great book. >> i wonder. this generation came of age when the era when credit was everywhere and flowing. people, i guess in this under 40 generation might look at credit card different from their parents. what does that psyche play a role here? we think of nothing of charging. i moved to new york in my 20s and it was using the credit card left to right. >> i did too and i got in trouble and i had to come back from that amount of trouble. the younger people are actually doing fine when it comes to their credit card debt. they have pumped the brakes, i think, because of the student loan debt. where they are not able to deal is with saving and i think housing is a really big problem. if you look at that generation, if they are ten years behind wh